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Job Order Cost Accounting FLASHCARDS
Job order cost accounting A cost accounting system that determines the unit cost of manufactured items for each separate production order Job order cost accounting
Manufacturing overhead ledger A subsidiary ledger that contains a record for each overhead item Manufacturing overhead ledger
Materials requisition A form that describes the item and quantity needed and shows the job or purpose Materials requisition
Raw materials ledger card A record showing details of receipts and issues for a type of raw material Raw materials ledger card
Work in process subsidiary ledger A ledger containing the job order cost sheets Work in process subsidiary ledger
For additional reinforcement of accounting terms, visit the crossword puzzle on this Web site.
Accounting for Sales and Accounts Receivable FLASHCARDS.
Statement Analysis: Comparative Statements FLASHCARDS.
@ 2012, Cengage Learning Job Order Costing LO 2a – Recording Transactions Using Job- Order Costing: Materials.
Accruals, Deferrals, and the Worksheet FLASHCARDS.
Adjustments and the Worksheet FLASHCARDS. Depreciation Allocation of the cost of a long-term asset to operations during its expected useful life Depreciation.
Financial Statements and Closing Procedures FLASHCARDS.
Accounting Principles and Reporting Standards FLASHCARDS.
Analyzing Business Transactions Using T Accounts FLASHCARDS.
Cost-Revenue Analysis for Decision Making FLASHCARDS.
Accounts Receivable and Uncollectible Accounts FLASHCARDS.
Job Order Costing Seminar 4 AC Describe cost accounting systems used by manufacturing businesses.
CENTURY 21 ACCOUNTING © Thomson/South-Western LESSON 19-2 Maintaining Manufacturing Records.
Payroll Taxes, Deposits, and Reports FLASHCARDS. Experience rating system A system that rewards an employer for maintaining steady employment conditions.
27-1. Job Order Cost Accounting Section 1: Cost Accounting Chapter 27 Section Objectives 1.Explain how a job order cost accounting system operates. McGraw-Hill©
Chapter 5 Job Order Costing Cost Accounting Traditions and Innovations Barfield, Raiborn, Kinney.
Accounting for Partnerships FLASHCARDS. Distributive share The amount of net income or net loss allocated to each partner Distributive share.
Closing Entries and the Postclosing Trial Balance FLASHCARDS.
Group 3 Amanda De Voll Charmane Espero Ryan Sievers Anthony Sim Tina Tonnu.
Best 20 jobs jobs sites.
Click to edit Master title style 1 Job Order Cost Systems 17.
Chapter 20 Part two.
Click to edit Master title style 1 Lesson Click to edit Master title style 2 Job Order Cost Systems 19.
JOB ORDER COST ACCOUNTING
Basics of Job-Order Costing
Long-Term Bonds FLASHCARDS. Bond sinking fund investment A fund established to accumulate assets to pay off bonds when they mature Bond sinking fund investment.
Student Version © 2011 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part, except for use as permitted.
Accounting Words from Chapter 12. Subsidiary ledger.
Introduction to Managerial Accounting and Job Order Cost Systems.
XACC 280 Week 4 Assignment Subsidiary Ledgers and Special Journals To purchase this material click below link
Tracking Product Costs with Job Costing Managerial Accounting Prepared by Diane Tanner University of North Florida Chapter 34.
Chapter 7-1 Chapter 7 Accounting Information Systems The Conversion Cycle Dr. Hisham Madi.
Manufacturing Accounting Chapter Preparing a cost of goods manufacturing schedule. Learning Objective 1.
Financial and Managerial Accounting Wild, Shaw, and Chiappetta Fourth Edition Wild, Shaw, and Chiappetta Fourth Edition Copyright © 2011 by The McGraw-Hill.
CENTURY 21 ACCOUNTING © Thomson/South-Western LESSON 19-1 Elements of Manufacturing Cost.
Basic Costing Homework Recap. Basic Costing Chapter 4 Inventory Classification & Valuation.
McGraw-Hill/Irwin 3-1 Product Costing and Cost Accumulation in a Batch Production Environment 3 Chapter Three.
Lecture 6 COSTING SYSTEMS 1 Job Costing Reference : Course Text Chapter 2.
C Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, or posted to a publicly accessible website, in whole or in part.
1 Chapter 5 Job Order Costing Cost Accounting Foundations and Evolutions Kinney and Raiborn Seventh Edition COPYRIGHT © 2009 South-Western, a part of Cengage.
Prepared by Diane Tanner University of North Florida Chapter 4 Job Costing Concepts.
Job Order Costing Systems
Inventory What is inventory, how is it classified, valued and shown in the manufacturing accounts.
19 Job Order Costing Accounting 26e C H A P T E R Warren Reeve Duchac
Chapter 8 Purchasing/Human Resources/Payment Process: Recording and Evaluating Expenditure Process Activities Copyright © 2011 by The McGraw-Hill Companies,
Job Costing - Vijay Kumar. Job Costing Job Costing involves the calculation of costs involved in a construction "job" or the manufacturing of goods done.
Job Order Costing and Analysis
ACTG 3310 Chapter 7 - Job Costing. Job Costing Must be able to identify product/service Set up each individual product/service as a “job” Jobs serve as.
Accounting Principles, Ninth Edition
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